Paradeep Parivahan IPO vs Safecure IPO

Comparison between Paradeep Parivahan IPO and Safecure IPO.

IPO Details

Paradeep Parivahan IPO is a SME Fixed Price IPO proposed to list at BSE SME while Safecure IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Paradeep Parivahan IPO is up to ₹39.01 Cr whereas the issue size of the Safecure IPO is up to ₹29.07 Cr. The final issue price of Paradeep Parivahan IPO is ₹98.00 per share and of Safecure IPO is ₹102.00 per share.

 Paradeep Parivahan IPOSafecure IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹93.00 per share
Issue Price (Upper)₹98.00 per share
Issue Price (Final)₹98.00 per share₹102.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size39,80,400 shares28,50,000 shares
Fresh Issue Size (Amount)up to ₹39.01 Crup to ₹29.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total39,80,400 shares28,50,000 shares
Issue Size Total (Amount)up to ₹39.01 Crup to ₹29.07 Cr

IPO Timetable

Paradeep Parivahan IPO opens on Mar 17, 2025, while Safecure IPO opens on Oct 29, 2025. The closing date of Paradeep Parivahan IPO and Safecure IPO is Mar 19, 2025, and Oct 31, 2025, respectively.

 Paradeep Parivahan IPOSafecure IPO
Anchor Bid DateMar 13, 2025
Issue OpenMar 17, 2025Oct 29, 2025
Issue CloseMar 19, 2025Oct 31, 2025
Basis Of Allotment (Tentative)Mar 20, 2025Nov 03, 2025
Initiation of Refunds (Tentative)Mar 21, 2025Nov 04, 2025
Credit of Share (Tentative)Mar 21, 2025Nov 04, 2025
Listing date (Tentative)Mar 24, 2025Nov 06, 2025
Anchor Lockin End date 1Apr 19, 2025
Anchor Lockin End date 2Jun 18, 2025

Financials & KPIs

Paradeep Parivahan IPO P/E ratio is 7.4, as compared to Safecure IPO P/E ratio of 11.66.

 Paradeep Parivahan IPOSafecure IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets164.35138.09116.78118.23
Total Income137.94211.62202.81188.69
Profit After Tax5.1815.026.562.84
NET Worth59.8954.7134.6528.10
Reserves and Surplus48.5543.3729.4022.85
Total Borrowing46.2135.0936.1147.17
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Safecure Services Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 8% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets54.6153.0737.4830.94
Total Income18.3673.2763.0647.74
Profit After Tax1.996.165.693.98
EBITDA12.4311.369.09
NET Worth22.9420.9315.009.33
Reserves and Surplus16.1714.168.127.62
Total Borrowing19.5220.5514.3011.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)92.5994.33
Promoter Shareholding (Post-Issue)65.9666.14
P/E Ratio7.411.66
Market Cap₹156.00 Cr.₹102.41 Cr.
ROE33.6228.86
ROCE26.6122.48
Debt/Equity0.800.98
EPS₹13.25₹8.75
RoNW33.6228.86

Shares Offered

In the Paradeep Parivahan IPO Retail Individual Investors (RII) are offered 13,93,200 shares while in Safecure IPO retail investors are offered 13,93,200 shares. Qualified Institutional Buyers (QIB) are offered 7,96,800 shares in Paradeep Parivahan IPO and 0 shares in Safecure IPO.

 Paradeep Parivahan IPOSafecure IPO
Anchor Investor Reservation11,92,800 shares0 shares
Market Maker Reservation5,97,600 shares1,50,000 shares
QIB7,96,800 shares0 shares
NII5,97,600 shares14,24,400 shares
RII13,93,200 shares14,25,600 shares
Employee0 shares0 shares
Others
Total39,80,400 shares28,50,000 shares

Bids Received (Subscription)

Paradeep Parivahan IPO subscribed 1.78x in total, whereas Safecure IPO subscribed 1.81x.

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